Loch Haven Civic Association Incorporated
EIN: 526054838 · Edgewater, MD
| Metric | Value |
|---|---|
| Total Revenue | $98K |
| Total Expenses | $55K |
| Net Assets | $237K |
Is Loch Haven Civic Association Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Loch Haven Civic Association Incorporated
Loch Haven Civic Association Incorporated (EIN: 526054838) is a nonprofit organization based in Edgewater, MD. The organization reported total revenue of $98K and total assets of $205K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Loch Haven Civic Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Loch Haven Civic Association Incorporated is a micro nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $55K |
| Surplus / Deficit | +$32K |
| Total Assets | $237K |
| Net Assets | $237K |
| Operating Margin | 36.7% |
| Months of Reserves | 51.9 months |
Financial Health Grade: A
In 2023, Loch Haven Civic Association Incorporated reported a surplus of $32K with revenue exceeding expenses, holds 51.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Loch Haven Civic Association Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.8% | +4.0% | +18.1% |
| 2022 | +29.0% | +18.6% | +23.8% |
| 2021 | -69.8% | -86.5% | +22.8% |
| 2020 | +261.0% | +848.7% | -36.9% |
| 2019 | +23.3% | -30.8% | +31.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Loch Haven Civic Association Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Loch Haven Civic Association Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
Frequently Asked Questions about Loch Haven Civic Association Incorporated
Is Loch Haven Civic Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Loch Haven Civic Association Incorporated (EIN: 526054838) insufficient data. 0 red flags identified, 0 strengths noted.
How does Loch Haven Civic Association Incorporated spend its money?
Detailed spending breakdown data is not yet available for Loch Haven Civic Association Incorporated. Check back for updated IRS 990 analysis.
Are donations to Loch Haven Civic Association Incorporated tax-deductible?
Loch Haven Civic Association Incorporated is registered as a tax-exempt nonprofit (EIN: 526054838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Loch Haven Civic Association Incorporated located?
Loch Haven Civic Association Incorporated is headquartered in Edgewater, Maryland and files with the IRS under EIN 526054838.
How many years of IRS 990 filings does Loch Haven Civic Association Incorporated have?
Loch Haven Civic Association Incorporated has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $98K in total revenue.
Filing History
IRS 990 filing history for Loch Haven Civic Association Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Loch Haven Civic Association Incorporated's revenue has grown by 103.6%, moving from $42K to $86K. Total assets increased by 118.4% over the same period, from $108K to $237K. Total functional expenses rose by 22.9%, from $45K to $55K. In its most recent filing year (2023), Loch Haven Civic Association Incorporated reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $55K | $237K | $0 | — | — |
| 2022 | $88K | $53K | $200K | $0 | — | — |
| 2021 | $68K | $44K | $162K | $0 | — | — |
| 2020 | $226K | $329K | $132K | $0 | — | View 990 |
| 2019 | $63K | $35K | $209K | $0 | — | View 990 |
| 2018 | $51K | $50K | $159K | $0 | — | View 990 |
| 2017 | $60K | $35K | $159K | $0 | — | View 990 |
| 2016 | $53K | $53K | $134K | $0 | — | View 990 |
| 2015 | $79K | $32K | $134K | $0 | — | View 990 |
| 2014 | $45K | $39K | $87K | $0 | — | View 990 |
| 2013 | $41K | $68K | $81K | $0 | — | View 990 |
| 2012 | $38K | $40K | $22K | $0 | — | — |
| 2011 | $42K | $45K | $108K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86K, expenses of $55K, and assets of $237K (revenue -1.8% year-over-year).
- 2022: Revenue of $88K, expenses of $53K, and assets of $200K (revenue +29.0% year-over-year).
- 2021: Revenue of $68K, expenses of $44K, and assets of $162K (revenue -69.8% year-over-year).
- 2020: Revenue of $226K, expenses of $329K, and assets of $132K (revenue +261.0% year-over-year).
- 2019: Revenue of $63K, expenses of $35K, and assets of $209K (revenue +23.3% year-over-year).
- 2018: Revenue of $51K, expenses of $50K, and assets of $159K (revenue -15.1% year-over-year).
- 2017: Revenue of $60K, expenses of $35K, and assets of $159K (revenue +12.6% year-over-year).
- 2016: Revenue of $53K, expenses of $53K, and assets of $134K (revenue -32.7% year-over-year).
- 2015: Revenue of $79K, expenses of $32K, and assets of $134K (revenue +75.9% year-over-year).
- 2014: Revenue of $45K, expenses of $39K, and assets of $87K (revenue +8.5% year-over-year).
- 2013: Revenue of $41K, expenses of $68K, and assets of $81K (revenue +9.0% year-over-year).
- 2012: Revenue of $38K, expenses of $40K, and assets of $22K (revenue -10.8% year-over-year).
- 2011: Revenue of $42K, expenses of $45K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Loch Haven Civic Association Incorporated:
Data Sources and Methodology
This transparency report for Loch Haven Civic Association Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.